How to categorise your inflow and outflow transactions on Lumi
How to categorise your inflow and outflow transactions on Lumi
Categorising transactions identifies the purpose and context of a particular transaction and groups it with similar transactions. Categorising your inflow and outflow on Lumi business helps you stay on top of your cash flow and make effective business decisions
To categorize your transactions:
1. Login to your lumi business account dashboard
2. Click 'payments' on the left side of your dashboard
3. Click transfers (outflow) or transaction (inflow) to categorise any transaction
4. To categorize your transactions (inflow) click transaction from subdivisions under payment, add a tag to any transaction by clicking add new tag on the right side of your dashboard
5. You can also easily categorise any transaction on a sub-account by clicking on the account name to find all the transactions that have occurred in that particular account
Follow these steps to easily categorise your transactions (inflow) on lumi business and repeat the process when categorising your transfers (outflow)
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